Picture of MSCI logo

MSCI MSCI News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsBalancedLarge CapHigh Flyer

MSCI advances after posting higher Q1 revenue, profit

** Shares of index provider MSCI MSCI.N rise 4.2% to $590.68 premarket

** Q1 operating revenue jumps to $850.8 million, from $745.8 million a year-ago

** Q1 adj. EPS rises to $4.55, from $4 a year earlier

** CEO Henry Fernandez says MSCI logged record recurring sales in its index and analytics segments during the quarter

** Q1 index operating revenue rises 17.7% from a year earlier to $496.3 million; analytics segment sales rise 10.3% to $190 million

** 15 analysts rate stock "buy" or higher, 3 "hold" and 1 "sell", median PT is $692 - data compiled by LSEG

** As of last close, MSCI down about 1% YTD

(Reporting by Purvi Agarwal in Bengaluru)

((Purvi.Agarwal@thomsonreuters.com;))

Recent news on MSCI

See all news